When was Evelabs founded?

Evelabs was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is Evelabs located?

Evelabs is headquartered in Thiruvananthapuram, India. It is registered at V.V NIVAS,ARCHAL, NEDIYARA P.O,ANCHAL, Kollam, KOLLAM, Kerala, India, 691306.

Who is the current CEO of Evelabs?

Vishnu MS of Evelabs. They have also founded 1 company.

Which legal entities is Evelabs associated with?

Evelabs is associated with EVELABS TECHNOLOGIES PRIVATE LIMITED.

How many employees does Evelabs have?

As of Aug 31, 2026, the latest employee count at Evelabs is 18.

Is Evelabs a funded company?

Evelabs is a funded company, having raised a total of $319K across 5 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Jan 05, 2017.

How much is Evelabs worth?

The latest valuation of Evelabs is $***** as of Jul 29, 2022.

When was the latest funding round of Evelabs?

Evelabs' latest funding was a $***** Seed round on Jul 22, 2022, with participation from 14 investors.

What is the annual revenue of Evelabs?

Annual revenue of Evelabs is less than ₹10 Cr as on Mar 31, 2025

Where does Evelabs rank among its competitors?

Evelabs ranks 13th amongst 81 active competitors, of which 25 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Ethypharm, which secured $557K in Dec, 2023.

Who are the top competitors of Evelabs?

Evelabs' top competitors include ZOLL AEDs, InnAccel and vTitan. Among them, Ethypharm secured the most recent funding round in December, 2023.

Evelabs - 2026 Company Profile, Team, Funding, Competitors & Financials

Evelabs is a seed company based in Thiruvananthapuram (India), founded in 2016 by Sanjai Rajendran, Vishnu MS and Sruthy Gopal. It operates as a Developer of a smart infusion monitor for hospitals and home-cares. Evelabs has raised $319K in funding from Indian Institute Of Information Technology and Management and Rovi, with a current valuation of $*****. The company has 81 active competitors, including 25 funded and 12 that have exited. Its top competitors include companies like ZOLL AEDs, InnAccel and vTitan.

Company Details

Developer of a smart infusion monitor for hospitals and home-cares. The company develops Dripo a wireless electronic monitor to measure and display the flow rate in gravity infusions and share the data wirelessly enabling the healthcare professionals to set, manage and monitor infusion and the data.

Website: evelabs.co
Social
Email ID: *****@evelabs.co
Phone Number: +91 **********
Registered Address: V.V NIVAS,ARCHAL, NEDIYARA P.O,ANCHAL, Kollam, KOLLAM, Kerala, India, 691306

Key Metrics

Founded Year

2016

Location

Thiruvananthapuram, India

Stage

Seed

Total Funding

$319K in 5 rounds

Latest Funding Round

Seed, Jul 22, 2022, $*****

Post Money Valuation

$***** as on Jul 29, 2022

Investors

Indian Institute Of Information Technology and Management & 23 more

Ranked

13^th among 81 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

18 as on Aug 31, 2026

Similar Companies

ZOLL AEDs & 105 more

View Evelabs' full profile

Evelabs is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
EVELABS TECHNOLOGIES PRIVATE LIMITED CIN: U72900KL2016PTC046509 , India, Active	Aug 10, 2016	0 - ₹10 Cr (As on Mar 31, 2025)	-

Evelabs has raised a total funding of $319K over 5 rounds. Its first funding round was on Jan 05, 2017. Its latest funding round was a Seed round on Jul 22, 2022 for $*****. 14 investors participated in its latest round. Evelabs has 8 institutional investors and 16 angel investors.

Here is the list of recent funding rounds of Evelabs:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 22, 2022	4747513	Seed	3054782	1941401	9774961	3350089
Apr 01, 2021	3611362	Seed	5842874	2041590	4261661	9277443
Jul 04, 2018	7868259	Seed	9922210	8025203	Rovi	4296754

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View details of Evelabs's funding rounds and investors

The founders of Evelabs are Sanjai Rajendran, Vishnu MS and Sruthy Gopal. Vishnu MS is the CEO of Evelabs.

Here are the details of Evelabs' key team members:

Sanjai Rajendran: Co-Founder & CTO of Evelabs. They serve on the board of 1 company.
Contact Info: 1 email address
Vishnu MS: Co-Founder & CEO of Evelabs. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Sruthy Gopal: Co-Founder & COO of Evelabs.
Contact Info: 1 email address

Evelabs' Board of Directors

Evelabs's board has 3 active members. Sanjai Rajendran and Vishnu MS are part of team and Abhay Uttamchand Jain is independent board member.

Here is the list of Evelabs' board of directors:

Name	Type	Representing	Status	Duration
Sanjai Rajendran	Team	-	Current	10y 1m
Vishnu MS	Team	-	Current	10y 1m
Abhay Uttamchand Jain	Independent board member	-	Current	4y 1m

View details of Evelabs's Founder profiles and Board Members

Evelabs' employee count trend

Evelabs has 18 employees as of Aug 26. Here is Evelabs's employee count trend over the years:

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Top competitors of Evelabs include ZOLL AEDs, InnAccel and vTitan. Here is the list of Top 10 competitors of Evelabs, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ZOLL AEDs 1983, Chelmsford (United States), Acquired	Developer of medical devices and software solutions for emergency care	-	Nobel Investments, Military Health & 2 others	64/100
2nd	InnAccel 2012, Bengaluru (India), Seed	Developer of medical devices for critical care, obstetrics, and neonatology	$5.84M	Mount Judi Ventures, Acunova Life Sciences ... & 29 others	60/100
3rd	vTitan 2010, Chengalpattu (India), Seed	Manufacturer of a broad range of medical devices used in critical care units of hospitals	$10M	Zoho & 10 others	58/100
4th	Ethypharm 1977, Saint Cloud (France), Acquired	Developer of therapies for the treatment of pain and addiction	$248M	Astorg Partners, Biovail & 7 others	55/100
5th	Allied Medical 1982, Gurugram (India), Early Stage	Manufacturer of anesthesia and hospital equipment	$2.31M	Kabbir Kohil Family Trustes, Krrish Kohn Family Trust ... & 16 others	47/100
6th	Airway Medix 2010, Warsaw (Poland), Public	Developer of medical devices for ventilated patients in intensive care units	-	-	43/100
7th	Clarity Medical 2003, Sahibzada Ajit Singh Nagar (India), Unfunded	Manufacturer of diagnostic medical equipment for hospitals and clinical facilities	-	-	41/100
8th	GlySure 2006, Abingdon (United Kingdom), Series C	Continuous glucose monitoring using optical fluorescence sensor	$24.5M	Morningside, Baxter & 5 others	40/100
9th	Medivance 1998, Louisville (United States), Acquired	Non-invasive Temperature Management System	$59.2M	Camden Partners, Cross Atlantic Capital Partners ... & 5 others	40/100
10th	ART Medical 2009, Netanya (Israel), Series B	Developer of product for ICU based safe enteral nourishment	$27M	Israel Innovation Authority, Grand Challenges	39/100
13th	Evelabs 2016, Thiruvananthapuram (India), Seed	Developer of a smart infusion monitor for hospitals and home-cares	$319K	KM Trans Logistics, JITO Incubation & Innovation Foundation ... & 22 others	35/100

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Founders (largest shareholder) own 54.00%, Funds own 3.86%, Enterprises own 3.26% and Angels own 28.88%. The net worth of Evelabs's founders is INR 10.8Cr as of Jul 29, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	54.00%	10.8Cr	4413879	6266405	8955224	1230512
Vishnu MS	9449306	7636863	7462746	8054599	3914234	4847547
Sanjai Rajendran	1066116	4814730	3768043	7925944	4859758	8087496
Sruthy Gopal	4909293	3690091	3547949	7735902	2129170	5310591
Fund	3.86%	77.1L	412	241	677	771
Indian Institute Of Information Technology and Management	511	137	588	357	114	239
Enterprise	3.26%	65.1L	559	374	802	480
Angel	28.88%	5.78Cr	1463669	7710644	1868520	7757575
Thomas Jose Pattara	3302205	7423411	4912806	7596058	7624775	2236256
Thomas Joseph Maliekel	7286064	6500775	7891096	9575604	8967260	6774423
Varghese Maliekel	56811	55071	91294	88570	36748	73343
Joseph J Maliekel	6201	2957	6417	9586	2016	1864
ESOP Pool	10.00%	2Cr	8775229	7273894	3894042	8872293
Total	100.00%	20Cr	5863789	7530212	3714349	3427359